Word: french
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Dates: during 1980-1989
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...many ways, there is little difference between the two men. Both are telegenic politicians, fluent in English and French. Mulroney has never held public office, and Turner has not held elective office since resigning as Finance Minister eight years ago. (Mulroney, who took over the Conservatives in June 1983, won his parliamentary seat two months later). Both are corporate lawyers who favor a mild rightward shift in government. Neither advocates a major assault on Canada's extensive social-welfare system, although both favor long-term reductions in the country's U.S. $22.5 billion federal deficit (7.7% of last...
...more representative of the country as a whole. Under Trudeau, the Liberals shrank to become the party of eastern Canada: they held only two of 77 parliamentary seats from the four provinces west of Ontario. For their part, the Conservatives have only one of 75 seats in the French-speaking province of Quebec. In parallel attempts to remedy that imbalance, Ontario-raised Turner is expected to run for Parliament from British Columbia, while Mulroney is expected to trade his safe seat in Nova Scotia for a constituency in his native Quebec...
...partly as a result of the Iran-Iraq war. One of Kuwait's primary concerns is that Iran might launch air attacks against Kuwaiti oil refineries, loading facilities and desalination plants. Other gulf Arab countries have similar fears. As a result, billions of dollars of American, British and French weapons have been flowing into the area. Underlining the climate of uncertainty in the gulf, the British tanker Renown was struck last week by Iranian air-launched missiles. Ironically, Renown had been steaming to unload Iranian oil from another stricken tanker, hit by Iraqi missiles the week before...
...French industry, said Chevalier, is split between efficient companies, on the one hand, and money losers in need of subsidies, on the other. Yet despite social and political pressures, Paris is determined to weed out the losers as part of its painful and belated drive to modernize the economy...
While TIME's European Board was meeting last week, American tourists abroad were enjoying the benefits of the strongest dollar in years. Travelers in French restaurants, British department stores and Italian antique shops happily found that their dollars bought a lot of the good life. Despite yearlong predictions that the U.S. currency would fall in value, it was flying higher than ever. The dollar reached a ten-year peak against the West German mark and set records against French, British and Canadian currencies...